afternoon trading: The euro was at 1.1820, up from 1.1777, and at 124.74, almost unchanged from 124.73. ; After falling below 105.60 in overseas trading over the weekend due to concerns over tardy progress in talks over a fresh coronavirus relief package in the United States, the dollar firmed back above the level in the early Tokyo morning, according to The Japan Times. But the greenback took a downturn in the wake of the 225-issue Nikkei average extending its loss, going sideways at levels slightly below 105.50 before being bought back in late afternoon trading. At 5 p.m., the dollar stood at 105.55, down from 105.93 at the same time Friday. Amid a lack of market-moving news, players moved to sell the dollar against the yen in view of moves of U.S. long-term interest rates and Tokyo stocks, said an official at a foreign exchange margin trading service firm. KEYWORDS yen, euro, dollar, forex GET THE BEST OF THE JAPAN TIMES IN FIVE EASY PIECES WITH TAKE 5 /4973089/JT-teads googletag.cmd.push function googletag.display ; ;
(news.financializer.com). As
reported in the news.
Tagged under afternoon trading, issue nikkei topics.